Is Pickerington, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pickerington is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Pickerington has remained a Seller's Market.

Key Takeaway

Pickerington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Pickerington, OH

How much do homes in Pickerington, OH cost?

Median Sold Price

$429,100

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$29,100(+7.3%)

Key Takeaway

Homes in Pickerington have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Pickerington was $429,100 in October 2024, up 7.3% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $156K-
N/A
2 $234.2K$249K
+6.3%
3 $333.5K$355K
+6.4%
4 $440K$459.1K
+4.3%
5+ $528.2K$571K
+8.1%

Summary: Pickerington housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 8.1%.

Median Sold Price Compared To Nearby Cities

Violet Township
+9.8%
Pickerington
+7.3%
Madison Township
+1.8%

Housing Supply in Pickerington, OH

How many homes are available in Pickerington, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1310-23.1%

Summary: The Pickerington real estate market had 10 homes for sale in October 2024, a 23.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 108
-20.0%
5+ 00
0.0%

Summary: The Pickerington housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pickerington, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Pickerington in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Pickerington, OH

How long does it take to sell a home in Pickerington, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days159 Days+726.5%

Summary: Homes in Pickerington had an average of 159 days on market in Oct 2024, up by 726.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Pickerington are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 4 homes were sold in Pickerington; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Pickerington, OH

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